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Property profile & analytics
FOR LEASE
Office buildings
6600 North Military Trl Boca Raton, FL 33487
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US18-5278512
For Lease
1 / 4
$32 SF/Yr
6600 North Military Trl, Boca Raton, FL 33487
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2008
Construction
STEEL FRAME
Total area
651,265 SF
Lot
28.89 ac (1,258,627 SF)
Zoning code
LIRP
APN
06-42-47-01-11-002-0000
UPID
US18-5278512
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Revitalift Aesthetic Center Medical Clinic Skin Care Clinic
-
FedEx Drop Box Shipping Company Freight Service
-
Atlantic Pacific Companies Property Management Company Real Estate Consultant
-
Office Depot Furniture & Home Goods Home Decor Store
-
Coinhub Bitcoin ATM Teller Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.31M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.31M
Owner & transaction history
Odh Apartments LLC · 1 yrs held
Odh Apartments LLC
since 2025
Last sale
$2.3M
7 recorded transactions
Zoning & alternative use
LIRP · Boca Raton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
the LIRP zoning district was constructed shall not be rendered nonconforming as a result of not meeting interior side yard setbacks if subdivided pursuant to Section 26-31 , Code of Ordinances, provided that: (1) The land to be subdivided is to be divided into no more than 2 parcels. (2) The land to be subdivided was developed and the building structure or s…
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
799.01 ac
Source
code of ordinances
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Boca Raton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boca Raton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,305,000
ML approach
$2,305,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.31M
Range $2.07M – $2.54M · ±10% · vs last sale $2.31M (Jul 5 2024)
Last sale anchor
$2.31M
Jul 5 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$4 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,632,130
Tax year 2023
Assessed value
$85,000,000
Assessed 2023
Previous assessed
$139,331,618
-39.0% YoY
Effective rate
1.92%
On assessed value
Assessed improvement
$85,000,000
Improvement market value
$85,000,000
Total market value
$85,000,000
Applied tax rate
6,154.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
2008
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Buildings
3
Stories
5
Total area
651,265 SF
Lot
28.89 ac (1,258,627 SF)
Zoning code
LIRP
APN
06-42-47-01-11-002-0000
UPID
US18-5278512
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
LIRP · Boca Raton, FLZoning LIRP · permitted uses
LIRP · Boca Raton, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
the LIRP zoning district was constructed shall not be rendered nonconforming as a result of not meeting interior side yard setbacks if subdivided pursuant to Section 26-31 , Code of Ordinances, provided that: (1) The land to be subdivided is to be divided into no more than 2 parcels. (2) The land to be subdivided was developed and the building structure or structures were constructed in accordance with an approved site plan and, after subdivision, shall conform with all provisions of the zoning code except for interior side yard setbacks. (3) The land to be subdivided shall continue to function as a single integrated site through easements and other appropriate legal instruments required and approved by the City Attorney. (Ord. No. 4222, § 1, 5-23-95) Cross reference- LIRP Light Industrial and Research Park District,
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
799.01 ac
Source
code of ordinances
Building & site characteristics
From public records
Year built
2008
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
5
Buildings
3
Lot
28.89 ac
Current owner
From public records · entity-resolved
Odh Apartments LLC
Entity
Mailing address
2999 NE 191ST STPH-2, AVENTURA, FL 33180-3123
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2025
$50,000,000
Odh Apartments LLC
Bh Pebb Od Venture LP
Special Warranty Deed
—
Jul 5, 2024
$2,307,145
Pebb Od Boynton LLC
Pebb Od Hr LLC
Special Warranty Deed
—
Apr 14, 2023
$104,000,000
Br Boca Od Tic Investor LLC
Office Depot LLC
Special Warranty Deed
$63,000,000 · City National Bank Of Florida
Apr 21, 2020
—
Office Depot INC
—
Deed
related
$413,000 · Jp Morgan Chase Bk
Mar 1, 2018
—
Office Depot INC
—
Deed
related
$132,050,000 · Goldman Sachs Lndg Ptrs
Aug 11, 2017
$132,050,000
Office Depot INC
Eqc Operating Trust
Grant Deed
—
Jan 31, 2011
$171,000,000
Hub Properties Trust
Boca 54 North LLC
Grant Deed
—
Apr 28, 2009
—
Boca 54 North LLC
—
Trustees Deed
related
$139,000 · Bank Of America
Apr 12, 2007
—
Boca 54 North LLC
—
Deed Of Trust
related
$138,990,000 · Bank Of America
Dec 14, 2006
—
Boca 54 North LLC
—
Trustees Deed
related
$1,000 · Flagler Real Estate Dev Corp
Nov 30, 2004
$2,579,774
Boca 11 B LLC
Washington Mutual Bank Fa
Grant Deed
—
Dec 13, 2002
$50,000,000
Bracebridge Corp
—
Grant Deed
related
—
—
—
Office Depot INC
—
Deed Of Trust
related
$413,000 · Jp Morgan Chase Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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